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You are given the following information concerning two stocks that make up an index. Price per Share Beginning of Year End of Year $44.6 $48.9

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You are given the following information concerning two stocks that make up an index. Price per Share Beginning of Year End of Year $44.6 $48.9 75.1 84.1 Shares Outstanding 36,000 27,000 Kirk, Inc. Picard Co. d. What is the return of the value-weighted index? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Index Return: % e. Assume the value-weighted index has been existing for 10 years and the index level happened to be 411.16 at the beginning of the year. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places. Index Level at the end: f. What is the return of this existing value-weighted index? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Index Return: %

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